Sunday 24, June 2018 by Kudakwashe

MSM approves Dhofar Power Generation's prospectus


Subscription period will commence on 1 July 2018 and end on 30 July 2018

Oman’s Muscat Securities Market has approved the prospectus of Dhofar Power Generation Company for the offering of part of its capital in public offering of OMR 23 million.

The prospectus states the company will offer 88.8 million shares at an issue price 259 baisas per share comprising 100 baisas nominal value, 157 baisas issue allowance and two baisas issue expenses.

The prospectus contains information on the company, its objects, future plans and financial position which would assist investors in taking investment decision, reported Times Of Oman


Features & Analyses

Wealth Management Why is there no inflation?

  Mark Burgess, Deputy Global CIO & CIO, EMEA, Columbia Threadneedle Investments, writes about one of the biggest questions… read more